Webencumbrance. An encumbrance is a claim against an asset by an entity that is not the owner. Common types of encumbrances against real property include liens, easements, leases, mortgages, or restrictive covenants. Encumbrances impact the transferability and/or use of subjected properties. [Last updated in July of 2024 by the Wex Definitions Team ] WebDefinition: An incumbrance is a legal claim or liability on a property that limits the owner's ability to sell or transfer it. It can be a mortgage, a lien, a tax, or any other type of debt or obligation.
Incumbrance financial definition of incumbrance
Webencumbrance (incumbrance) n. a general term for any claim or lien on a parcel of real property. These include: mortgages, deeds of trust, recorded abstracts of judgment, unpaid re WebRelated Legal Terms & Definitions. INCUMBRANCE Any right to, or Interest in, land which may subsist in third persons, to the…; TACKING Engl. law. The union of securities given at different times, so as to prevent any… SERVITUDE civil law. A term which indicates the subjection of one person to another person, or… tfp brazil
Definition of INCUMBRANCE • Law Dictionary • TheLaw.com
WebNoun: 1. encumbrance - an onerous or difficult concern; "the burden of responsibility"; "that's a load off my mind" WebDefinition of incumbrance in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is incumbrance? Meaning of incumbrance as a finance term. WebThe word or phrase incumbrance refers to any obstruction that impedes or is burdensome, or an onerous or difficult concern, or a charge against property (as a lien or mortgage). See incumbrance meaning in Hindi, incumbrance definition, translation and meaning of incumbrance in Hindi. Find incumbrance similar words, incumbrance synonyms. batman x coringa wattpad